 Good morning traders and welcome to the bookmap live trading webinar. This is Bruce at bookmap. Good morning trader And we'll go through live analysis here Monday Tuesday and Friday. We have live trading with Jay trader stocks trader on Wednesday We have Scott Pulsini a futures trader on Thursday. We also have Tom B Every weekday. He's a futures trader looking at volume profile at 11 30 Every day these are all East Coast times here. We also have rain Who is streaming crypto? live analysis Every day every weekday. So we have quite a quite a lineup for you And and growing more and more. So this is all free And it is all order flow We use bookmap here Going through the order flow at a very high level We are also We have an educational course this is all based off of that educational course so you can really put the pieces together We're here for you to support you with your educational needs. All right, so let's jump in here We need to go through the risk disclosure General disclosure all bookmap limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor Recommendations risk disclosure trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right, so it's all for education. Let's jump right in Let's take a look at these markets and see what's going on So we have We're looking at the S&P Happy to look at whatever you guys want to look at This is typically the most popular market and what everyone wants to look at so this is what we cover We can also look at some stocks and cryptocurrencies as well. I just let me know And we'll try to look at as many as we can Usually though it kind of we look at two or three or four and then it kind of Peters out from there So good morning Guido. Welcome back. So Let's jump in here and take a look. Good morning Bert and Louise or Lewis Winthrop the third. Yes, hopefully we're all becoming millionaires here A billionaires so anyway All right, so S&P. Let's take take a look here. Well, you can see the from the Overnight session here. We're moving to the upside here that the trend to the upside is continuing strong move here, so pretty pretty nice move like You know 40 or 50 S&P points here So you can see the strong volume really picked up here at the kind of European or London open And then we continued here around what time is this? This is around 6 30 US East Coast time And you can see look at the retest back to where it came from here. Okay, we cover this all the time And here's our cash open right to go higher Retest back down here. Do they mean business? Do people really want to buy down here? Yes, they do. Here's the 9 30 cash open and And you can see the move on up. Where did it go? Well high liquidity here 80 82 and a half And Haven't gotten to 90 yet, but that's the next level of high liquidity If we see more buyers come in if we see more sellers come in well first one would probably be around here around 77 There's some here at 75 also down at 70 and we'll go through reading of the order flow here in the different scenarios To understand what's going on and we'll give insight to where we think price is going to move next Based on the order flow so the more objective We are at understanding the order flow the more likely the probability of it going and Visiting those areas and that's where you can get an edge here Using order flow. All right. So anyway, let's take also a look here at the bigger picture we'll start there and and the We have the daily here on the left-hand side and the right or in the middle We have the hourly and then on the right-hand side. We have the 15 minute So on the daily chart these all last week last Monday, we drew these two lines in And looking for if we're gonna find sellers in here. This is where we're looking to come back down to If we find buyers in here Then we're looking for up into these areas here and to kind of test these sellers up here In these areas because that's where they were previously in this it's a zone in here and The first test we were looking for around 60 And then the zone, you know, you can see there's still wicks up here 84 and then up here around 4200 Looks like we want to go to 4200 we see today We did have a retest back down here on the daily in this little area around 26 or so and we have some strong buying coming in Okay, so let's see if we can get back up into some of these areas here. We're already we've already tested this 84 today So now we're looking for this kind of 98 to to 4200 Area here. So here's our test into 84 up in here. Okay, makes sense We're aligned now. We have the higher or longer Time frame here on the daily those swings and we're looking at some of these areas up in here to test and Yeah, so here it is right in front of us. All right now. What's the reaction after that test? that's what we want to ascertain and if we take a look at it here, it's It's kind of all over the place I would definitely give it more to the buy side Because look at the the the buyers coming in here here here still more buyers some sellers on some of the swings to the downside Some selling down here not a whole lot though. It's still mostly buyers All right, so a retest back up here 87 looks really good. Let's take a look right now All right, so what about this move down here our sellers firmly in control? No, they're not Here's why Majority of that selling is in this little area here We're already above it. Okay now if it was strong consistent selling from this area here on down That would be different and we don't see that so I'm looking for buyers to come back in here And try to trade it back up into 85 to 87 All right, so let's that's first thing. We're looking at here. Let's take a look at some Some other things here. We have our structure here. We know that there's some trap sellers down here We're retesting there Okay, so now if we think it if price scenario number one is prices coming up here Okay, based on what we just covered Do we find sellers back down here again? Not too many Not too many we had buyers up here All right, so now we're looking for the bid here in book map to light up here We want to see demand at a higher level in here And then we'd we'd love to see the reaction to that demand be buyers like green dots here This is these are the aggressors that move price And we want to see them move it back up into to like yeah 85 is coming in But really it's up here around this 87 level. That's where we're looking for the test Okay, so here's some liquidity. It's it's further down on the bid here, but we have a reaction Looking for buyers now to extend it here right now to 85 There we go Let's get to 87 now Immediate pullback after hitting 85 Hey pretty strong move though nice stop run there. Okay. This is our stops in iceberg indicator It's an add-on for you have to have rhythmic data Okay, any there was plenty of time to get involved in that too for like a two-point scalp This is not a scalping room. Nor is this a trading room. This is an order flow reading room. All right, so what we're going over here is Understanding the condition of the orders the participants That's what we're reading in here and we went through the whole process here And then we're looking for that move higher here Okay, now it only went to 85 and We're right back down here to retest it again All right, so let's let's take a look at this here. So are we finding lots of sellers down here? Yeah, not bad not bad Okay, so if the sellers are gonna continue here, maybe we'll get one more spike to the downside here look for the swings if not Where we'd be looking for these sellers to be upended is above 82 and a half or 82 and three quarters here Okay, great. So the scenario would be let's see if we can get back up here With biting pressure if we don't and we see the selling coming in like this Most likely is liquidity down here at 77 Okay, let's just keep an eye out though This might be a false breakdown and then a move back up Okay, selling is pretty strong though. So I'm looking for sellers to actually continue here to 77 Okay, this was actually a false breakout Okay, so it's a little tricky in here. We're waiting. We're kind of watching here because We can go over the same concept here about buyers back up above 82 and a half or 82 and three quarters same ideas right here Okay, I thought we'd get into 87. We didn't we we said 85 to 87. It's really 87. That's where the liquidity is and It's actually between 86 and a half to 87 and a quarter and then also some here at 86 Same concept here. Okay buyers and then sellers below it Okay, so this is a false breakout. All right, here we go. Let's see if we can get these sellers upended now not yet Okay above 80 and a half is what we're looking for buying pressure above it and the bid to light up here Hey bid. Here's the bid a little bit. What's the reaction? And we've we found some sellers actually Okay, so no not yet Okay, here here we go reaction is buyers. Great. Let's see if they can continue now We've got immediately sell off right back to it. Okay, let's get back up here again Let's see if these buyers try to retest it Reaction to this liquidity up here 81 and a half to 83 It's been it's been kind of just range bound here Okay, so we're not getting too much insight at the moment here See look at these guys come in again here. What's the reaction? Okay, we found some sellers look at them skew the order book like this Actually, this guy was kind of trapped Don't think this is a ignition algo here We believe this we usually cover this as not a ignition algo because he stayed in the book and traded Therefore we would say this is more like a guy trapped trying to get out Okay buyers, let's see it up here. Let's see that bid here. We go This one can be a lot better not not only up end these sellers in here We're back up to our this this line here Want to get up to the next one up here that we drew in here So this is where the sellers came in so this kind of 82 and a half All right buyers here. We go and let's see we can get up there and And and then if we can get it back up even more buying a backup above we're back to this 87 idea Hey You were looking at who's upended who's not You know where are they trapped etc? That's what we're trying to ascertain in here. So we're marking it up Do you need the MBO bundle Joni? It's up to you. I think it's I Offers tremendous insight so in fact To be able to see where people are getting stopped out on where icebergs are transacting is pretty amazing I feel so yeah, we're looking right at it here And we can we can see that there was this was a stop run here This was a stop run here Also down here some stops were triggered Iceberg wise we can see that there was a Couple hundred right in this little area here Okay, so let's let's do a little bit of analysis and then Joni like it's up to you like maybe maybe you I think this offers another level of transparency that's rather amazing and Can offer a lot of insight now that said just recall that this is not a signal down here This is like any other indicator basically. I think it's more powerful than other indicators But this is showing you it's more like a confluence here. It's it's not You know something like buy here sell there Okay order flow is the most important part There might be huge iceberg orders, but the market might may just Shun it and they don't it doesn't care Okay, if that's the case, then you know, we're looking for buyers to continue right Now when we start to see this as a confluence aligned with the order flow it really adds you know Something that much higher probability All right, here we go. Let's see if we can get some buyers back up here again Hey, why because we had a little double bottom here Sellers here no buyer no sellers here, but that has been upended already. They came in here All right, see these are little trappy areas here now. These guys are trapped and Let's see it buyers right here. There we go here. We're looking for the move right back up to 82 and I like our 82 and a half here. Let's see if we can get it another try Boy, it's a battle High liquidity here buyers take them on All right, now can they get above it with some more buying? This was key off of this liquidity here at 79 and a half. I Think there's more buying pressure Okay buyers, then you should be able to lift it 82 82 and a half and that we really want to watch that 82 and a half Still a battle still back and forth here not getting the buyers back up in this area here in here looks pretty good Not up here though. It's nothing. Nothing really You know a high probability here when when we see something higher probability. We do call that out We we got to go through the different scenarios though and Yeah, actually It's just I mean if we saw like really some strong strong buying in here Especially up here Okay, we're gonna get another retest back up there. It looks like one thing here Looking at the structure Okay, we made a lower high here making kind of equal lows here I mean higher lows in this area here So it's just kind of it's just back and forth Okay, now just looking at the order flow within this area though Okay, sellers still remain in control in this smaller time frame move here Okay, we we're looking for retest back up to them. This looks this looks much better now. Okay, so The bind is stronger and consistent here Okay, this is where we need to see it though 81 80 and a half here's on the bid Okay, we should get a move to 82 here And then I think we can get some stops triggered there Let's watch this here. The bind is strong. They need to move it though Okay, there's 82. It's still strong still looking Okay, 82 and a half Just tested It's still strong in here Okay, now we want to see follow-through on the retest back up here Okay, getting a pullback like this is Something we look for But we're not getting much out of it. I want to see the bid here. I want to see buyers here. We were not Okay, so we just kind of sit and watch And still okay starting to transact up here It's still the move would be higher here based on the order flow However, we're just not seeing the bid here. Okay, if we don't see the big we don't have all the pieces And we want to see this this may be pulled and added here and the react there we go a little bit there, right? Hey, we just want to see more If we get more and they pull maybe here At 82 and a quarter they're pulling there then we can get a move higher Okay, here's here's high liquidity at 80 and a half. We're getting some buyers Yeah, let's let's see we're looking for our 83 and a quarter here now. He pulls Yeah, not good Not good when he pulls like that Okay back down to the bottom of the range Anyway guys we like as we mentioned this did look better here We did get to the 82 and a half the We're right back down though, and it's some pretty strong selling here It is a stop run though Okay, so we can come right back up again And we are we're already back up to it Okay, again, they're up here, you know Still looking for them to try to move it higher now that said I just we're not we just like we've We've been noticing here. We're not getting all the pieces here. It's not really giving us that Higher probability read on the order flow here It's just not if it if it were higher probability. This is what what it would look like We'd have some pretty big and consistent green dots here Okay, and you can see it's There's it's not bad in here. This is more like what we're looking for but we see some big red ones in here, too All right, so this is where we're kind of looking for them to try to push it and you can see what happened It's these all of these guys in here that are buying are now selling Let's see here a few questions What do the? Black areas of the shadowing represent This is low liquidity in here Okay, high liquidity the scale of the heat maps in the top center in the chart you can you have a few different options here I use this one here the red and orange being very high liquidity then yellow is less Then white and then blue and then black is the least Okay, so you can see that this the stop run here, which it is You know, there's a lot of stops and triggered in here about 500 and They take trade it down to high liquidity here at 75 Scott usually sets the Buying orders above price for trend continuation trends trades, okay, um Yeah, hold on a minute here. Let me see if I understand this correctly Okay, so the question here is on How do you know if the liquidity above or below price is to be long or short well We don't we we just know that there are buyers below. This is this is the orders down here These are Limit buy orders. These are limit sell orders up here. That's it And that's all all we know We don't know if these are the guys these traders down here providing this liquidity. Are they exiting their shorts? Or are they accumulating and buying to enter? And we don't know that this this is one of those days like It's it's really it's it's really back and forth in here Even even with this strong move here in this stop run I would not be surprised at all to see buyers back up above here around 81 to 81 and a half I'm not at all. Okay however This there's there's one kind of trick in here In reading the order flow and and I mentioned it earlier, I should have followed up a little bit more with it And this is where you can kind of get into trouble. I think with order flow is is is when you have a bias and then you are You're you're you're not quite as objective at that point and the market will will teach you very very quickly To be more objective So anyway, like we know that Sellers we mentioned it earlier. This is all back and forth in here But the seller this this kind of false breakout. We're looking for 87 didn't get it Sellers came in And then they are in control from not from here. That's the breakout. It's actually from here onwards They are in control a little bit higher. Let's let's mark it up Okay, horizontal line right around here So probably around 84. Let's call it 84 Sellers are in control from 84 onward Okay, look at the selling Sideways buying buying buying trying to lift it couldn't do it tried a few more times couldn't do it stopped out Try it again in here making lower highs here And then we got the the big stop run here and I thought we're gonna get some support I thought we're gonna get our buyers. I thought we'd get back to 87 we didn't that was the bias and The the move here I Basically You know the misread here was the the structure Yeah, my on my part Right in through here. All right, so what they are still in control until we see something different Typically when you get the strong buying like this though, you do get retest back to where they dropped it from And we did get that one here actually okay to this 82 and a half. That's what we marked up All right, so, you know, that's where we're not, you know, we're not making this stuff up The first stop would be 82 and a half and it did that it just tested it And it failed from there onward though All right, but we are coming right back into this range Okay, Zella. Did I did I answer your question? the Yeah, we just This is really important. It's a it's a very good question About, you know, who's long who's short, etc. And we don't know that but we don't need to know that really and it'd be great It'd be great if we could And match accounts and everything and know that this is one guy that's holding and he's here and he's you know He's gonna get stopped out there. Oh god, that'd be an incredible transparency It would be the best But we don't know that What we do know Is the condition of the orders in the participants here? Where are they? Where do they want to buy where do they want to sell? Hey, where is their supply up here? 87 this is where they want to sell. Where is their demand down here and then just coming in here right now? Look at the demand Okay, so and what's the reaction to this? This is what we want to know in the order flow. We're finding buyers Okay, great. All right, I would hop in here and look for a move to 82 Right, we've got a pretty strong bid here, right? I would have extremely tight stop on here As well this should work now and it's already not Okay, it's already starting to not work Right, so we need to find buyers up here. Okay, if it doesn't work right now, I'm out Like I'm looking for this to work now. We have a strong bid. We have some buying up here It's not the greatest up here. Hey there. I'm out Okay, so take us take a small stop and look for a Retest back up here with strong buying. Okay, but we had the bid here We just didn't have the buyers here other times. We had the buyers here. We just didn't have the bid All right, so what? Yeah, it's been back and forth day already Okay, now this is not a these are not trade recommendations It's just kind of going through the process here of reading the order flow Okay, reading the order flow can be applied to anything Zella's let's see you have more here retesting orders price above why wouldn't They be buyers No, well, okay for every buyer. There's a seller of course That's how the transaction is made But these are the limit buy orders up here Okay, they want to be a buyer. I'm sorry. I'm sorry. These are limit sell orders up here They want to be a seller at these levels only Okay, they're saying if you want to come up here and meet me I will sell to you and Then we have buyers look at them coming in now Okay to take it right back into this area here Okay, so in fact, you know, this is another on days like today You can trade it right back to here and take some off And then try to maybe hold for for a runner That's another trading strategy because you can see that we will likely get the test up here and then it fails though Okay, but we'll likely get the test so you can trade it from outside in back into Like a high volume node or areas where there was higher volume on the buy side here okay, so Some things to consider like you can see that would have worked out really nicely there it takes some off now You'd be holding though to Okay, move your stop up to break even Okay, again not trade recommendations trade considerations for Looking at things in it with order flow here. Okay. This is looking great Right, but I want to see the bid more on the bid here though But we've got all of these guys trapped on the sell side here They're shaking in their boots here. Okay. Now. They're gonna get let out here if they do if it goes below 79 they'll be let out and The sellers will still be in control Okay, if we see the squeeze here, we should get buyers up here Okay, and we already had some so I'm still looking for them. I think we're gonna get them. There we go There we go All right, let's see 82 and Let's zoom out here. Okay looking good. Okay, so look at look at the bigger picture here, too Sellers on this leg. This is a higher low and we don't see sellers Okay, so let's see if we can get more buyers here in the bigger picture and then if we do We should get a move and we can make the Heat map a little more contrasty here oops not that one This one. Yeah, okay. There they are great. Okay next level would be up here at our 84 level and then we're back to 87 Okay, does this this looks clearer, right? Okay, we have a bigger picture. We we saw the the action in here and we were looking for a move from Outside in Take some off but hold it Now this one seems to be working out Okay, so we're holding it and we'd be looking for the move to 84 and then 87 Okay, okay now now let's take a look at the trap volume in here, too Okay, it's all these guys all these sellers in here Okay, so looking for the squeeze and it would be a beautiful squeeze right up to 87 Okay looking for that scenario that would be the primary scenario here Jan is looking better I Would love to see that vid light up again kind of like this, but Yeah, might we might get a little back and forth in here for right now Due to the due to the condition of the orders. That's why Okay, we got our buyers up here, but the support is down here. The demand is down here 79 Okay, you can still hold hold your position though and here's a little more demand now What what what is the market telling us? What are the orders telling us the participants here? It's kind of back and forth. They came in and they actually were kind of attracted to it now. It's moving higher though So we don't really know we don't have a clear insight there What what does the market feel about this? Well, it's telling us it doesn't really know what it thinks about this There's sellers that kind of want this there's buyers that want to move it away back to 84 So that's really the distinction here Because when we do see a strong reaction to this liquidity here at 81 by buyers, we've really got something It's telling us something I mean the participants are telling us Giving us insight The science and insight behind this SI indicator not iceberg stops only Well, it's not there's no science at all. I mean, I mean it's just fact That's the beauty of the the MBO data from from rhythmic Okay, so So see see how that see how we didn't really quite know in here. We're like, yeah, you know Like and well, here's our answer Here's what the market is telling us All right, so let's get back to that question. All right. So the fact is we know that these are these are stops Okay, let's let's kind of go through this in more deductive process Guys, I don't know if you like that subscribe button there in YouTube or not We're just kind of testing this out and also the video here Get to see my mug And I don't if you find that distracting. Let me know we'll take it off. No, no problem I don't know if it adds value or not, but we're you know, just testing things out here If you like the videos, you know Or you like you like what we're going over here. Give us a thumbs up. That's very helpful Okay, no, well you like the video that the these webinars is the subscription is expensive Flashes too often is Ella. Okay Okay, okay, you guys you guys like it. Okay, no problem Okay, all right, we'll continue we'll continue on with it. We have a transparency behind it So it's you know, you see a little more of the screen Anyway guys to see what see what I mean in the analysis in the order flow here in the condition of the market You know, it's just like stay away, you know, like if if you're now We would still be in this position because we're traded up to it And we took some off and we're looking for our runner here, but we don't know right now Anything else. It's not really telling us too much Okay, we're back up here yet again at that this at these little swings here at 82 and three quarters You know, it still looks like it wants to come this day 84, but it's just not as high probability right, so it You know there and there's the move to 84 Okay, so we went through the scenario of of why but you know in terms of you know It being more probable. No, we would say no and look and It maybe someone else has some other insights in the order flow here, but looking at At this here. We're looking at the limit orders the reaction to it We're looking at the back and forth and the structure in here Where are they trading in that structure at the bottom at the top etc? Yeah, in fact like there was a question here In on a video we just did here I'll show you On our YouTube channel here Okay, how to read order flow inside candlesticks and let me show you the question here because there was a question on And I'll Jay, you know if you're in here now Or not it doesn't matter, but can't you read the if it's a long candle You know you understand that buyers overpowered the sellers true or not necessarily not necessarily that that's You know we've seen all sorts of different things within the candle But this is the key and it's it shows it in the video. So that's what I'm gonna how I'm gonna reply What I want to show here though is this okay, so if we for example show the candlesticks Okay, well sure you got the candle But where did the buyers take place? Okay, that's what we want to know and Actually, we're getting our answer in here. Well, we have the majority of the volume trading up here In this five-minute period Is it five minutes? Yeah, yeah, it's a five-minute candle. Okay, so You know majority of it's up here. Well that gives a lot of insight Okay, if you didn't know that this is what it looks like. Okay. I have a big candle where though Where is the volume? That's the order flow. That's one element of the order flow Okay, now turn it back on now. We have the clarity. There's where it is Okay, in fact, we can put that within and I even demo that in the video Where does we can look at a volume profile? okay, so between this candle and this candle our Chart range volume profile By far the majority of the volume is at the top of this candle That is insightful That's where you're gonna get the insight. Okay, the candle is like well where you wouldn't know where the volume is because the candle is not gonna show that so That answers that question Okay, we also have the other side of the trade. What does the auction tell us? Where are they bidding where they offering? Well, they're bidding up here at 79 Okay, but they're also, you know offering lower here and Well, this this transacted in here and we're looking for you know reaction to that transaction High liquidity here and we saw you know sellers take them on Okay, so, you know, although we traded up here and we see the volume up here What about the bid and the offer, you know and the liquidity the other side of that trade? What is it telling us right and so that's where we kind of you know made the Insight or get you know gathered some information and insight here that It's really kind of back and forth Hey, we got it. We got up to 84. We're looking for it in here. Just didn't have a strong bid Hey, well here come the sellers right back All right, so there you go Hey, and then our entry You know that we were discussing about that Potential not a trade recommendation, but like a potential scenario of trading back up into this liquidity Well now now we have our answer on that one too like you know take some off here look for a runner Could have taken some off at 84, but I would have been holding it I would have been stopped out at breakeven on this Okay, so I took some off and that's it All right now if you know we're recovering our stuff in here Maybe I would have and maybe I would have exited one position or the position here If I saw sellers in here that was telling me something that this is not gonna work out And I don't really see that in here to be honest We have this high liquidity here and the reaction was strong selling and that's not bad But yeah, I mean there's nothing in here still that really really stands out And so Except for this little area here and it's it's okay. It's not not fantastic and they did it again here High liquidity followed by selling and that's the reaction that we're kind of talking about here So where did it go back to 74 and a half? All right So anyway, I just want to give some insight on that And kind of what we mean here trying to answer some of those questions in advance for you guys You're welcome Lucero Okay, Jay, excellent. Thank you, Jay What does that tell us knowing the volume within the candle? Oh that it tells us everything Well, not everything but it tells us a lot of things Okay, let's we'll go through it in real time. How about that? in fact, maybe we'll you know do now We'll look at some smaller time frame maybe other than a five minute Okay, just just for demo purposes though just because we you know that if you Otherwise we wouldn't be able to do it live. It wouldn't be as easy I mean we could use a five minute chart here and just say okay We where did we find buyers before well wicks, right? And it's not really this wick here that tells us much fact this wick here. This is another good example Let me clean up the chart here Okay, so it makes it easier. I'll mute the Heat map a little bit this wick here You would think that's buying pressure, right? It's not it's not Yes, that's just a that's a low volume pullback to where all of the selling pressure came in Okay, is that is that makes sense? So you you're getting a lot of insight by understanding between these two periods here that there's a lot of sellers in here Okay, so now what what ended up happening some back and forth back and forth between this period and this period not much information in terms of the The candle volume wise Yeah, potential trap volume up here because the buyers up here and some selling coming in okay But it was this way and it did go lower But it was followed by some pretty strong buying here and this is where we we made the distinction And it was here It was this volume up here at the top of this candle here now think about it We're back up to the top of this range in these candles here And we have strong buying up here All right, we're looking for the bid to support it and that's when we just like no You know it it that condition of these orders in here wasn't telling us that much And there was high liquidity here the sellers took it on And then we came back up here and it was like well, there's still buying pressure here Likely 84 maybe 87. We only got up to about 85 And then it sold off Okay, so Anyway, it's this buying up here at the top of the candle top of the range Okay, as you get as you volume profile guys know very well That is a weak top here it is Okay Majority of the of the it's not the greatest one it would be greater It would be better if this hunk or like node here was was moved up All right, well, we can kind of do that here actually if we just zoom in yeah looks more like this Okay, that's a weak top. What that means is it is auctioning up here We can even look at Delta in here Okay More buyers here right so that's what it's telling us Okay, when there's more buyers at a higher area We can have price exploration up into some of these areas like 84 85 87 90 if there's enough All right, so what yeah anyone? It's accustomed to volume profile stay tuned in another 35 minutes Tom be will be up and he'll go through volume profile in detail Okay, this this video will or this webinar will redirect you right to it Okay, Orion does that make sense? Okay, no no again. This is volumes only a part of it here What if there's high liquidity and they can't get through it or in this case? You know what we were reading in here in terms of liquidity was We didn't really get a feel for what the reaction was even this high liquidity here. Did it did it repel? Sellers. No, they actually took them on and trade it into them All right, so this kind of made it more convoluted All right, let's go through it in real time. Okay, so And maybe we'll use a one-minute chart just to demo this point here All right, so I'll go here candlestick settings one minute Okay, we're in a range. Okay buyers are actually above it. Okay. This is good. This is good. Now. What about the what about the bid? Okay, I'm seeing not much up here, right? I I do see buyers up here, but I want to see I don't want to see a lot of liquidity here In fact, I want to I don't want to see a dark area under here because if it's dark It means that there's not a lot of liquidity It means sellers can very quickly move it through these orders here to trade down into areas of high liquidity All right. Now. Let's see. Let's watch this here. We're coming back up here to retest. Yep. Looks good See them pull here see the buyers here We should get a move back up to about here 80 Hey, I would love to see see I'm still dark in here though. So it's not really high probability there There is a little bit right there and the reaction it did propel some buying here Okay, it's farther away though. Okay, so watch you can see the sellers come in If it's up here and then now they pulled it too, right? So now it's easy for sellers to quickly move it back down to these areas All right. So this is the relationship in context of the of the orders And this is what we're reading in here. All right, so let's just watch this here Okay, it's good now. We can also look at areas where This buying here was not able to lift it and if if if these are not stops in here. These are new buyers Let me just pose the question if these are new buyers in here Okay, let's suppose you bought in here Where would you place your stop and you're a shorter term, you know trader in this in this scenario Okay, Orion. Well, maybe we'll just do you know, maybe a an afternoon session on understanding order flow within candlesticks Maybe that maybe that will be clearer. Yeah, let me know if you guys would like something like that Guys on discord here Good morning. Good morning, McLoko MOS, okay looking awesome Yeah, yeah, yeah, yeah, this is a new our new look here in YouTube. You guys can't see it in discord but Yeah, new toys new toys to play around with Okay Yeah, you would have been stopped up. But where Noel, where would you have been stopped out? Where would you where would you personally put your stop in? It's it's up to you I mean, you know up to your trading style and risk Profile, okay We got it again here like um, this is We we're getting buyers up here. The bid is starting to build Okay, that's 74. That's what you would have been stopped out at 74 Okay, so you'd probably still be in it then Okay, so you would have placed your stop if you got in here you would place your stop down here All right, so you would have like a four point stop four and a half point stop All right, so Yeah, you'd then you so you'd be still in this and Is this is kind of a normal kind of market? Back and forth rotation potentially here and so I Would bet a lot of very short-term traders. They would be getting stopped out here and here And we do see a stop run here and not not too much in here though All right, so we can kind of look for that a below some of these swings in here That's where they're gonna get knocked out Right and the market's always searching for that. It's not, you know, yeah Okay, some some traders are pushing it into those areas trying to get people to get stopped out but the market is looking for orders and you know if It knows if there are no one else of providing liquidity except you with your your stop and some of these areas in here The market can kind of trickle down into those areas and start to hit them and again You know looking for it to come back up here again right now Now again Look at look at the book in here. It is not high probability Nice buying in here, you know through this area looking for it to come up here You know back up into some of these wicks up here, but I just don't like the bid in here Being really really dark And so it's doing it and it should get up to 80 here, right? But it's still just just don't like it now. Let's look at our candlesticks though, right? That's what we're we're trying to cover here. So we saw some selling pressure in here selling pressure Sellers drive it now buyers are back up here and we're above these guys So anyone who sold in here now should be a buyer and we can get a nice squeeze Okay, and we have a nice kind of candle here and the majority of the Volume on this candle is here Okay, so this makes sense again to get up to 80 okay and continuation Continuation we're looking for Probably back to let's see just in terms of candles. Let's just look at the candles Okay, well we have some wicks in here. Those are best buying pressure though So back up into this area looks pretty good Okay, so now The buying pressure buying pressure buying pressure Okay, and here's our one-minute candle a Little bit of a wick but in a wick again here on that on this one-minute candle Okay, majority of the binds up here the reaction to this liquidity seems to be buyers Okay, again more liquidity here All right buyers, let's see it And you should be able to pop it higher And now we're up into that area here. Let's take a look again at our candles and our structure Great, so maybe backups of this swing here 83 Now we know that there where is the selling pressure on the candles over here? Well Let's look at the dots here again Not the candles because this is a period of aggregated data. We want to look at the dots within the period Here's where they really kind of started Yeah, so this looks like a good area. I know we've already tested it right 82 and a half 83 Think we have No, not quite Yeah, so Before I get to CVD, let's get into good morning Matt And Ricky Yeah, yeah, so these are the stops. Yeah, exactly exactly Matt here it is right in front of us. This is what I just I just love this. I love seeing this A backup above and looking for the stops. Here's our stop run Now they really kind of held on to this one. I Would think there would be more stops kind of above here But not too many the big stop run is is here Okay, can't get to 83 look at the sellers already come right back in Okay, now, let's look at the candles again in here and we'll look at CVD But I want to cover also the stop runs here and how to read this like Zella had asked this question. So now we've traded back down to 79 Okay, liquidity here. Let's look at the candles Hey, where's the buying pressure? Well candle wise it's this wick and then maybe maybe above here Okay, and Yeah, I mean I know it's bouncing off of here But I really wouldn't look at that as being the buying pressure I would say well actually right yeah right in here looks pretty good and it did bounce right off of that I mean we drew it up in fact earlier right we found our buyers here and we're right back up again and the bid looks strong Okay, now. Let's look at the candles. Okay buying wick. All right So now we should see buyers here big big green dot here. We should get it If we don't then it's not what we're looking for if we get it. We're looking for 85 quickly to And test it up there not haven't haven't seen them yet the bid looks good the The offers up here. So this looks great We just need to find the green dots the aggressors These are the guys that are going to move move price and they're not showing up right now Okay, so we stay away Okay, let's see if we can get another retest though back up here Hi liquidity on the bid Hey, so Wick would say buying pressure. Well, let's look at this. Is it buying pressure? There's actually more selling in here you can look at the bars you can look at the size of the dots than there is buyers So it's kind that's kind of giving us a conflicted view here Right here. We can even put this within the volume profile use our tool here We don't need to use it, but we'll do that anyway And here's our profile for that So most of the transactions were down here And we can look at the Delta And most of it selling Okay, so that move back up and look like buying pressure is kind of erroneous okay, so Because that's erroneous it does this make sense That sellers are gonna come back down and retest this I'd be looking for them actually retest the 70 Eight and three quarters here and again more sellers here We were looking for our buyers up here. They didn't show And then we zoomed in and looked at the volume within here guys So it really is three pieces here market structure That's created by the price action back and forth or up and down And then we have the volume within that the transactions within that area and then we have And that's the the dots and then we have the bid and the offer the supply and the demand And it's that context between these three elements here. That's the complete order flow here All right, so and let's take a look at and answer this question about stop runs Okay, so we can also start to ascertain Like this move up here was was a nice stop run. Okay, let's just zoom into it In fact, we can turn the on charts if you you know if you have access to this it's on our marketplace I'm just gonna show stops Okay here We can see the whole stop run where it initiated where it ended and this is it it initiated here at 81 and a half It ended here at 82 only a couple ticks 225 stops All right, so it's not a whole lot There's some other minor stop runs here along the way, but that's the big one It looks big on the chart here because we don't have a lot of action here going on but Anyway, that's the and look at this big move down here. Hey, is it a stop run? No, I mean, there's a little one in here Here take it off icebergs It's a little one here It looks like it's huge, right? I would think that would be a stop run, but it's not Or not a big one Okay, so what does that mean here? If people now it's in this We got to look at the bigger picture here about this this whole area here There's a lot of buying in here But what is what are the majority of these transactions and that actually in this move here the majority of those transactions are stops 225 out of you know, maybe like 500 in here or something You know, maybe less than 500 but So that's that what does that mean that means that well We know that these are people likely exiting the market and they're not buying to enter So that gives us some insight here And then we looked at this volume compared to this volume over here. We looked at this wick Okay, covering candlesticks and then understanding that within this wick here You would think it's buying pressure it even closed up here at the high And it's just not true Okay, so now we have some other pieces in here. This is how you can start to read the facts Zella about understanding the The makeup of the order flow here with stops and icebergs or stops in this case Okay, we know that the majority here are stops And we know that there is more selling in here than buying even though this wick is showing us like wow It looks like there's buying pressure Right and we gave it a shot. We're even looking for it up here buyers. Where are they not showing up? Right did looks awesome No buyers though Okay, that kept us out now Pretty much the entire webinar here. This has been the case We've got one element not the other You know we may have The aggressor but we don't have the bid or the offer We may have the bidder offer, but we don't have the aggressor Okay, so We want both And that that gives us a much better reading and understanding now we put that together within the price structure Price structure wise. This is this is exactly what we're talking about like the stop run here At the back and forth within here, but we know there's more sellers Okay, more sellers here And we know that these are buyers that are exiting the market Right, so there there's a really pretty decent analysis here of understanding this order flow up here Okay, and based off of that order flow It's not very bullish, right? So in you know, it doesn't although I'm going through this in detail here But you can start to piece together a plan in terms of your order flow Okay, so you can start to look at Right well, I'm looking for buyers in here, but these aren't these are these are buyers that exited Hey, I do I do find this you do find some buyers in here like here They're not exiting there. They're buying to enter There's a little stop run there, but but this is buying Yeah, well those guys are gonna be upended if there's more selling pressure and they are Right so now what you can look for now all those is a small time frame. It does not matter Look for the sellers to start to come in We see that here We were looking for buyers up here didn't get them some sellers in here some sellers here some sellers here. This looks good I'd be looking for this liquidity first this liquidity next And some of the structure here. I like this one better Because it's at the bottom of the range here Okay, it got there And then again if what's the condition here? Well look at the structure Lower high do we get a lot of buyers up here? No, do we get sellers here? Yes, we get sellers here? Yes, do we get a lot of buyers up here? No This is easy in hindsight, of course, but we'll do it in real time. No problem That's what we're here for is to apply it in real time So and in here's that here's more selling now. Let's take a look at this now. Let's look at where we are now Okay We'll start with candles Well, yeah, here's a wick is it selling pressure up here? No, actually, there's some buying pressure in here Sellers really start to come in about here Okay Now it's back and forth sellers here buyers here More selling here. This is good Okay, more selling coming in again. Look at the wick. Okay buying pressure. Is there a lot of buying in here? No It's not a lot Okay, so we're still we still have a Bias here to the downside based on structure and volume Okay, so now I'm looking for here on this retest here more sellers at this 75 to test 75 first And I want to see them trade through it down into 74 73 72 okay, so Yeah, that would be the the analysis here would love to see more on the offer here as well We don't we don't really get that We're just seeing the liquidity down here Okay, so Now it's working out It would be better to see more, you know It would be higher probability if we saw more on the offer and maybe them even starting to pull on the bid All right, so again, we only had kind of a piece of it here But that's the analysis And that's understanding what makes up the candle here as well. Okay, so Thanks, Jay. Okay, so you do find that this is helpful for you That's great. That's great So, let me know you guys. I mean really I'm trying to clarify Get get these points across because It's all in front of us here. We just need to understand the orders and Really put that into context JK how do you distinguish between real buying and and and stops? Well, we can look right at them Okay, so for example, this is another just beautiful thing in the stop in iceberg indicator Alright, so now we know this is stops. Let's just use this example back here Okay, we know this is majority of the trading in this little and it's kind of rare to be honest Like usually the majority of the trading is it's kind of a mixture of of real buyers and stops in this one It's mostly stops Okay, so Anyway in this move here and Now let's take a look all right, so What about these buyers in here in this range? Okay, are these stops in here? Okay, look at the buying Let me get rid of let me get rid of the Rectangle Okay, look at the buying in here now. There's not a whole lot. Okay. It's mostly selling But we'll just make the dots bigger just for kicks here. Okay. Look at the buying in here Are they stop? Are they stop runs? No, they're they're not stop runs. So what does that mean? That means they're aggressive buyers. I mean, yeah, maybe they're they're exiting the position but likely they are buying and They're Establishing positions Right, so if they're establishing positions in here, look at that. Look at the stops here They're very few. I mean just some scant stops in here to the downside. That's it Okay, so this they're these are it's not a stop run Okay, stop run is likely now, you know, I get I can get into trouble here You know because it it's more likely these are people exiting with a stop order Okay, it's a stop a stop loss order In here, there are very few stops. So these these buyers in here Are most I would assume that They are entering the position Okay, so when you don't see a stop run, then that's how you can make it make the distinction All right, so that tells you a lot too when there is no there are no stops Okay, now we have a stop run here. We talked about it. It looks like a really big one and it is not You know, it's like 50 or so Yeah, 54 right there All right. So anyway, that's another way to to look at this Which I think can be very helpful All right guys, so that turned into a really nice move Not only did you get down to 72 it's it's gone further. It's gone down to 70. All right, so we're starting it starting to You know piece together some of the order flow in a better way here We also knew early on that You know, we weren't getting the full picture here. It's been it's been really kind of back and forth Let's just zoom out again and let's take the candles off for just a minute here. Okay all right so Yeah, we're getting our kind of full picture in here Let me get rid of all the drawings now. All right That'll be helpful. This looked pretty good here at double bottom. Great buyers. Great We did get the move back up here. That was it though Did not get the follow-through on it and you can see that It's just beautiful structure here on the little bit higher time frame. Look what the sellers came in Here's the retest back to test those sellers. Did you get buyers up here? No, did you get sellers? Yeah What's the bid and not and the offer look like they were bidding up in here and and this is we were watching it No follow-through and then on the offer on the offer on the offer sellers Cluster of sellers looking for the move back down to the bottom of the range or high liquidity And they even traded through it. All right Okay, here we go. Look at that stop run Here's another one Let's go through the same process, you know in real time here. All right, so let's mark it up Let's take a look. Okay selling pressure. We know that we can see it here We also know the condition of the sellers in here. There's 322 that are stops We also have another one here and this is a big one especially down here Okay, and we know the condition of those sellers in here too. Those are stop-loss orders as well So this candle here now. We're already getting back up to what I wanted to cover What we're looking to see is can we get buyers back up above here? First one would be actually here second one would be here We're looking at the cluster of the selling. Okay, because we we we're looking at these sellers here They're selling to exit Okay, so we're looking to see I'm sorry guys hold on where's on a line Here And here That's kind of a zone in here So let's take a look so now what we're looking to see then Is a retest first off a retest back up to here just up to there? Looks pretty good here. We find our buyers here Taking it back up and let's see if we can get a bit more Okay, now because we know the condition of these orders in here now sellers are in control There's no question about that, but we know the condition of them too So a retest back up it up into here is is not out of the question Okay, back to 74. All right. Let's zoom in here. Let's take a look at the candles Let's look at the order flow here now Okay, well here lack of lack of sellers here. Do we get buyers up here? No From the order book is not telling us anything right now The the order book is saying that there's there's buyers up here around 74 to 75 There's sellers down. I mean, there's sellers up here around 74 75 There's buyers down here between 69 and 68. Okay, this liquidity just pulled So it's yeah, it's just it's not doing anything right now And what we're looking for is buyers to come back up and test these areas Here they go All right looks pretty good again, we don't have we have the aggressors We don't have the order book here supporting it All right, so we don't have all the pieces most likely though is Or more likely I would give the nod to the buyers here to retest back to 74 So am I saying this zone is always a sideways area Um No, I'm just marking up where the buyers and sellers are or you know The aggressors here and then looking at that stop run in here That's what I'm marking up and look if we want to get more precise than we don't have to you know We can do that okay So what yeah, I mean this is kind of what Scott does as well He marks it up here from 72 And we can even look at this one here. It's down to here 70 Okay, is that clear All right, here's here's the big stop run 922. It actually started here Back here The red line is showing us the complete evolution of it. All right, so we're looking to get back up above 72 basically With buyers and I was giving the nod to the buyers here due to this volume coming in to the top of this little range here And you can see that failed right we we didn't have all the pieces So, you know, this isn't What this is the second secondary scenario here But there was just not enough to lift it to 74 And let's look at this one 136 And let's zoom in a little bit Let's look at the stop run Now you can see there's multiple stop runs in here I still like I still like this one up here is it actually is kind of below that that's other zone of the stop run Right here, so it's 70. I'm gonna leave it there at 70 and a half Okay, let's see it Sellers are still in control. We're just looking for a retest back up to this kind of 71 72 70 and a half now Let's take a look at the candle here as well And look at look at the buying and selling within it Well, the majority is by far selling here in this candle And and most of it actually happened down here. All right, let's see if we get our buyers here I'd look for 72 and I bid is starting to show a little bit of blue in here that usually is kind of how it starts but No, they didn't attract any buyers here Candlesticks aren't bad here. Yep, you know to see that guy the wick and we know there's more selling here more selling here So it's not bad to look for 68 as it's trading and and maybe a push through here through 68 They're on the offer here. It's pretty high liquidity Okay, more liquidity reaction sellers Okay, nice stop run to all right. This is where we're getting above the stop run Here, okay, so we're still in the downtrend, but we're looking for Primary scenarios downtrend Secondary scenario is buyers up here around 68 and a half to 69 pull that liquidity Not finding the aggressor though Okay, now we're finding them Should be able to move it to 70 and or yeah Let's call it 70 should be able to move it up there and More liquidity here Did not not finding buyers look again. This is this is not really that that There's only been a couple that were higher probability today We don't have all the pieces here Nick we don't know if they're they're Closing or entering with the stop run Hey, however, it is most likely that it is a stop loss and You know, this is this is very very indicative of the what a stop run looks like Okay, there's nothing but stops here. There's nothing but selling in here Yeah, I mean these are market cell orders, right, but we we can You know we can we know that they're they're stops though. We know 922 of these Are our stops. Hey, are they buys or are they sell stops to enter or they sell stops to exit that we don't know Okay, it's typically though again and again like, you know, typically it's selling to enter by it to exit And it's typically retail seller traders Retail traders use stop-loss orders Okay, they have smaller accounts. They need to protect the accounts And they can get in and out of trades very very quickly. That is the edge of a small retail trader Whereas larger players, they'll be in large positions and they'll average in as it goes down and they'll average in more Etc. You'll see it in the behavior not always, but you'll see it in the behavior because it's a little more complex But you can see it with the iceberg behavior Okay, look at this. These are they're buying in here on icebergs. Let's turn the on chart as well on We'll turn off the stops And and look at the behavior here between or the I'm not the behavior. Look at the relationship Sellers You know getting our traders getting stopped out likely who's on the other side almost at the same points Almost precisely at the same points if we have a lot of icebergs buying and it went against them So we can even look at these areas here in terms of icebergs and let's mark those up Okay, let's let's clear out all our previous drawings here. Where did they start to get involved here? well There was one actually in here earlier much earlier at 73 and three quarters and That started to transact back here around 10 30 an hour ago All right, so and they were still in here and they got filled And and even more got filled all the way down And so let's mark that up from here to here Icebergs All right, we see we've done this many times in the past So and we already had a retest back to where they they were buying right so now Let's look and see if we can get back up to here at 73 and three quarters And what if we see big green dots up there or we can even trade back up to it? Like right now, let's look at look at the buying coming in now not a trade recommendation But looking for them to trade looking for these buyers to trade it back into not just 72 But 73 and three quarters Okay, and test back up there again. Now. I don't like it just again. We don't have all the pieces here We don't have the strong bid. We certainly found the buyers the aggressors. We just don't have the strong bid So we've already trickled back down to where these guys initiated that move Yeah, this totally is not working out here Okay, we should get another stop run here to the downside and we already are Okay, and let's see if the icebergs start to re-accumulate here. They already are You see some in here in the current market. It's not a whole lot It's not a whole lot at all Anyway guys keep an eye out here for this area here And we'll maybe take a look at it later or maybe I'll tweet it out or maybe we can even revisit it later today That And we're just curious right now. We identified a lot of larger players in here Okay, that's that's 3,150 basically on three different icebergs. Is that a larger player? Yeah Yeah, it is that's that's a lot especially during this Type of with this kind of volatility or lack of volatility All right, so we know the position where you know, these guys were buying now We don't know again like where they covering or are they buying or is it both? We don't know We just know that they're buying icebergs and that's enough And that's the condition of the order flow What is an iceberg order? Sam sure it's it's a hidden. It's like it's very much like a limit order However, it is hidden from the order book So if we look at the order book our depth of market in here We know precisely how many orders are at each price level, right? Here's 110 90 101 They want to be buyers here sellers are you know going for them And trying to transact with them. They're kind of pulling and down here 177 see if they can the sellers meet these guys down here at 65 Okay, someone wants to be buyer here. They're saying I want to be buyer Sellers want to make that transaction. They're down here now an iceberg would be Similar to this and here's one right there. It just hit one in fact 27 had transacted here. There is an iceberg still here in the live market But we do not see it here with 150 is a good example if I can Looks like this guy's gonna get filled So we'll see yeah, he's transacting more Transacting more. He's still here right 135 just transacted, but we don't see him in the order book here He's not here. It's hidden from the order book. It's an order type that larger players use Hey with the CME these are Native CME iceberg orders. Okay, if it's synthetic we cannot show it we can Simulate it, but we can't show it now. All right, we had 155 trade. Okay, where are the sellers here? None Look more on the bid. Okay. Is that mean sellers are finished? We found a few more No, they're not finished. They want it. They want to trade lower They're trading into this area here And this guy is getting filled 400 still in here. He has more I there's more hidden orders in here than 400 Look, it's still at 157 here Okay, look 7 7 7 44 traded so far here between all of this in here And we also know that 433 of those so the majority of them over 50% Like 60 65% are icebergs in here There he goes. He just traded Okay, so it was five. He had a 500 lot iceberg order That's a pretty good Pretty good demo. I think there for you Sam Boy, I hope that's not confusing. That's that's about as good of a demo as I can give If it is like we can spend more time on it or I can point you to some resources here Yeah, you can go you can go to our knowledge base and look up icebergs Okay, so wow there's a big sell-off Again a guy got filled here and Let's let's zoom out now Okay, we're going for lower the day here You guys can see and sellers are coming in pretty hard Pretty hard Let's see here Yeah, it's pretty cool to see it in real-time Brian Oh guys, I'm sorry over in discord You get you guys are the the most important Multiple icebergs here. Yep moss. Yep by icebergs absorbed down. Yeah, there's still more selling pressure. Exactly Bert. That's it CVD we didn't cover CVD. We can throw that up here and go over it quickly We got it. We got it kind of And the webinar here though Yeah, CVD is dropping here. We're looking for a divergence. Maybe in CVD now, too Because we're getting in lower of the day I'm looking for maybe a trap below and then to move back up into the range here And it's actually looking pretty good in in this sense. We have all those icebergs we identified Okay, and then here's another 500. So the first test would truly be up up around this like 41 65 area where those guys were that guy was getting filled There's another one for 442. He canceled. That's what the C means Execution means or E means execution T means transaction So that was one iceberg in fact that canceled here at this point They were over here pulled added lower Transacted some pulled added lower and then canceled it here likely came back in could be the same player We don't know though Yeah, yeah Bert. I mean like these these players they can can they icebergs want to get filled, right? So it usually it has to trade through them. I mean if you guys trade limit orders, you know that You're likely not gonna get the price or you'll get the price you want but it's gonna have to trade through you most likely Okay, or else or else you get maybe partially or might hit hit your price level and you don't get filled at all Because you're last in the line. It's first in first out Okay, Bert sounds like you got you have some different things you look for with CVD and icebergs Still more selling still going lower here likely to trade to the figure here 41 50 Look, that's not much of a call. Let's look at our bigger picture though Right God in fact, this was actually the move we're looking for all last week If you know, we have some here 15 minute charts pretty strong looking for a gap fill down to 47 or so or maybe I guess a true gap fills probably around 40 Something like that a strong selling coming in guys so anyway this Bigger picture is this makes sense to we were looking for above or hitting into these wicks up here what we did And and we were looking today because of the strong candle on the daily We're looking for higher 84 which already tested and then and then 4200 Well now it's trapped all of that above and we're below it into the range here on the daily So a move back down and strong selling here Move back down to some of these areas here just to begin with fill the gap And then we'll have to kind of wait and see But we were looking for a move up into here and then selling to come in and then move lower The bigger picture here to me Is that this is the trap here basically This is the move up above stop run above these wicks Do we get that we get them like these large stop runs to the upside let's take a look Yeah, we did and we're getting them to the downside now too and so here a bigger picture look was We're looking to trade up into it and then we know that there's going to be some sellers up here We know there's going to be some stops here and Yeah, now it's going to get this this is going to be a little more difficult during the week, I think okay, so Come back down and maybe test 4100. Maybe these wicks down here 40 78 or so 76 Right, this is turning a bigger range And but we found our sellers That's for sure So let's uh, let's look here a lot of icebergs on the offer now This is funny Okay, very small ones What they're here And we don't know how much is behind them. We just know how much this transacted so far Okay, so only eight four 25 six Like, you know, not a whole lot of transactions, but they're you know, they're they're chasing basically they're trying to get filled All right. Anyway, and we'll take a look here at our What is the relationship here? We saw these really big icebergs up here Uh, 41 74 and let's look at the bigger picture here 41 74 is up here so kind of This uh, let's look at a 15 minute chart or a five minute chart here five minute chart 41 74 is up here. It's this range This is where they were buying And they're just getting hammered here. All right. Well, anyway, um Mark it up because a retest back up here is not out of the question And I'll mark it up now But um We'll take a look at it in this during the week here. All right guys Uh, anyway, we covered a lot of different things in here today. We covered, um Stops and icebergs we covered candles reading candles reading the order flow within it And probably the most important thing I think today that we were covering here is um looking for higher probability Something where all the order flow is aligned And that was tricky today. We didn't get that. We only had it a few times looking for like The move to unfold and You know with that being a stronger move or a stronger likelihood due to the order flow All right, so Many of them we only had a piece of it All right, Jay. Thank you. I really appreciate it. Yeah, if you guys if you guys like these videos, give me give us a Thumbs up there And and give us a like. This really helps us Because we we want to do more of these for you And And also have more and more traders in here, too Okay, so cover all different markers all different styles. Stay tuned. This will segue right into tom Tom be he is a trading volume profile all right, so You're interested in that we covered a little bit of profile in here He's an expert in it. All right, so that ought to uh, thanks ryan That ought to do it for you. Uh, anyway guys, uh, yeah Watch your levels read your order flow here and we'll catch up with you on uh on tuesday tomorrow same time. Okay. Thanks for coming